Name: VoxaMTD
Availability: InStock
Author: Voxa MTD Limited

Question 1

What is Making Tax Digital (MTD)?

Accepted Answer

Making Tax Digital (MTD) is a UK government initiative requiring self-employed individuals and landlords earning over £50,000 to keep digital records and submit quarterly updates to HMRC using compatible software. MTD for Income Tax Self Assessment (MTD ITSA) has been live since 6 April 2026. Affected taxpayers must use MTD-compliant software like VoxaMTD for their tax submissions.

Question 2

Do I need MTD software?

Accepted Answer

Yes, if you are a sole trader or landlord with annual income over £50,000, you must use MTD-compliant software for quarterly submissions. MTD for Income Tax has been live since 6 April 2026. From April 2027, the threshold drops to £30,000, and from April 2028 it drops to £20,000. HMRC penalties for non-compliance start at £200 per missed quarterly submission. VoxaMTD covers the full mandate at £0/month for core MTD compliance.

Question 3

Is VoxaMTD really free?

Accepted Answer

Yes. VoxaMTD's free tier includes HMRC quarterly submissions, Open Banking bank feeds, AI-powered transaction categorisation, real-time tax estimates, the Section 24 landlord calculator and email support. No credit card required. Optional paid tiers add the Alex AI voice accountant (£15/month), a dedicated partner accountant (£30/month), or both combined (Professional Plus, £40/month). Agent portal pricing for accountants is £3 per client per month.

Question 4

How does VoxaMTD compare to Sage and QuickBooks for MTD?

Accepted Answer

Unlike Sage (from £12/month) and QuickBooks (from £10/month), VoxaMTD offers core MTD compliance features completely free. This includes HMRC submissions, bank feeds, and AI categorisation at no cost. VoxaMTD is purpose-built for MTD compliance rather than being a full accounting suite, making it simpler and more focused for sole traders who just need to stay compliant with MTD ITSA.

Question 5

What happens if I haven't switched to MTD software yet?

Accepted Answer

If you earn £50,000+ as a sole trader or landlord and aren't using MTD-compliant software, you risk HMRC penalties. MTD for Income Tax went live on 6 April 2026 and penalties start at £200 per missed quarterly submission, increasing with repeated failures. You also need to maintain digital records, which VoxaMTD handles automatically through Open Banking integration.

Question 6

Is VoxaMTD HMRC-recognised software?

Accepted Answer

Yes. VoxaMTD is HMRC-recognised software for Making Tax Digital for Income Tax (HMRC App ID 44aa3ba9-6072-4418-93c2-f52aa81a23b4). We use secure HMRC OAuth authentication (we never see your Government Gateway password), include all required fraud-prevention headers, and submit directly to HMRC's MTD API. Open banking is provided by Finexer Ltd, authorised and regulated by the FCA (FRN 925695).

Question 7

Can I use VoxaMTD if I'm both self-employed and a landlord?

Accepted Answer

Yes. The free tier covers both sole trader and landlord income sources, including the Section 24 mortgage interest calculator. VoxaMTD categorises all your business transactions and calculates combined tax liability across both income types in one quarterly submission. The Professional Plus plan at £40/month adds a dedicated partner accountant plus the Alex AI voice assistant if you want full coverage.

Question 8

How accurate is the AI transaction categorisation?

Accepted Answer

VoxaMTD's AI achieves 95% accuracy in categorising transactions based on testing across 10,000+ transactions. The AI learns from HMRC's allowable expense categories and continuously improves. You always review and confirm categories before HMRC submission, ensuring you stay in control of your tax data.

Question 9

Is my data secure with VoxaMTD?

Accepted Answer

VoxaMTD is operated by Voxa MTD Limited (Companies House No. 16984959), a registered UK company. Data is stored in Supabase (PostgreSQL) with row-level security; your data is only accessible to you. Open banking is provided by Finexer, authorised and regulated by the FCA (Firm Reference Number: 925695). We never store your Government Gateway password.

AI transaction categorisation

Categorise nothing by hand